Short term one can play going long above 137 where a mini double top is placed, but long term look to buy in the zone 97-103. 103 is an important swing low as PFC had a strong bounce from that low.
Related Analysis Attached below- PFC on monthly chart
Related Analysis Attached below- PFC on monthly chart
Trade active:
13:55 Hrs 25th Dec2016
Last Price@120
If there is a pause in downfall & it starts moving above 120 then going beyond 124-125 -can be looked at short term upside atleast till 130-32 zone with the latest low as stops & above 132 for similar highs of 137.
Last Price@120
If there is a pause in downfall & it starts moving above 120 then going beyond 124-125 -can be looked at short term upside atleast till 130-32 zone with the latest low as stops & above 132 for similar highs of 137.
Trade active:
06:56 Hrs 28th Dec2016
Last Price@117
One can play on long side Intraday if dips below 110 or close to 110 for targets 115-117 & book profits & run away
Last Price@117
One can play on long side Intraday if dips below 110 or close to 110 for targets 115-117 & book profits & run away
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)